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Paul Tudor Jones After The Close On Black Monday- Worth Watching Video

This is a market that has been seriously overvalued for some time,” exclaims Paul Tudor Jones,”and what we are seeing today is the piercing of the bubble…” adding that “Wall Street was uniformly unprepared for this kind of a drop.”

Of course Bill Griffeth asks should we buy this dip… Tudor Jones replies – so ironically –

 

“we should see massive Federal Reserve and Government intervention in the FX and debt markets to stem what has unquestionably been a panic.”

But Tudor-Jones cautions: 

“prudent investors should use any rally to scale back into short-term Treasuries.”

The legendary trader goes on to explain he is trading fear as investors fear deflation and disinflation and warns

 

“every American needs to get their house in order, needs to be conservative in their investments, the next few years will be about capital preservation.”

Wise words for record highs…

Beer ad has solution to pestering girlfriends

This Andes beer spot, from Del Campo Nazca Saatchi & Saatchi in Argentina, shows guys at a bar using a high-tech contraption—a sound-proof “Teletransporter” with all manner of sound effects piped in—to convince their annoying girlfriends when they call that they’re not, in fact, at the bar. But it raises more questions than it answers. For starters, wouldn’t the girlfriends know about these machines already? Seems like something that would be all over the news! Also, what kind of person uses the hospital as an alibi for anything? That’s the easiest bluff in the world to call. And when she does call it, he’ll be in the hospital for sure. UPDATE: Here’s the Web site of the Teletransporter. And yes, the agency apparently installed these things around the city of Mendoza. Presumably the grainy footage of the guys is real footage, too.

Short Skirts and the Stock Market

Financial Market Analysts have studied the “hemline indicator” for decades. Yet there’s an even deeper connection between fashion trends and the economy’s financial health that most overlook. This three minute clip from the new socionomics documentary History’s Hidden Engine reveals the real significance of what’s in style.

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